Is the #market stretched? | #heikinashi #trendfollowing $psyline #trading

SP-500 ($SPX) daily

• (!) Short-term 9 is a warning level.

 

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SP-500 ($SPX) weekly

• (+) Theoretically, a run to 9.

 

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SP-500 ($SPX) monthly

• (+) In a bull market, a long-term 9-level is not an indication of a top, but of a trend continuation.

 

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$SPX, $TWTR, a #heikinashi #trend perspective | #markets #trendfollowing #twitter

S&P 500 ($SPX) daily

• (+) S-oscillator.
• (-)  Short reaction.

 

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S&P 500 ($SPX) weekly

• (!) Sitting on the trailing-stop.
• (-) Room for more downside.

 

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S&P 500 ($SPX) monthly

• (!) Unstable high position (S-oscillator).

 

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Twitter ($TWTR) daily

• (-) More downside from here.

 

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Twitter ($TWTR) weekly

• (-) A top here.

 

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Twitter ($TWTR) monthly

• (! -) Overextended.

 

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Market weakness $SPX $SPY: *one* technical view | #heikinashi #markets #trendfollowing

Or why you should add Heikin-Ashi tools to your analysis and trading/investing.

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SP-500 ($SPX) daily

• The recent high is in response to the previous very visible top, in late September-early October. Tweets may have exacerbated the momentum. But technical remains technical.
• (-) Although a delayed indicator, $MACD works.
• (-) haDelta points to more downward pressure.

 

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SP-500 ($SPX) weekly

• (-) Lower MACD highs.
• (!) MACD is ready to turn lower.
• (-) “In haDelta I Trust!”
• (-) S-oscillator is reversing from the top.

 

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SP-500 ($SPX) monthly

• (!-) MACD may reverse.
• (-) “In haDelta I Trust!”
• (+) Risk is 11%.

 

 

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Uptrend continuation for $SPX | #markets #trendfollowing

S&P-500 ($SPX) daily

• (+) Above the trailing-stop (risk = 2.61%)
• (+) The second day of a positive S-oscilator crossover

 

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A 3D (confusing) market view | $SPX $SPY | #market #trendfollowing

S&P500 ($SPX) daily

• (+) Tired with positive signs.

 

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S&P500 ($SPX) weekly

• (-) 3,000 and it is over.
• (+) Strong probability for the S-oscillator to turn up.

 

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S&P500 ($SPX) monthly

• (+) Positive S-oscillator signal.
• (!)  Possible diamond formation (negative bias) if a lower high is formed.

 

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$SPX It’s not over until it’s over | #markets #trendfollowing #trading #heikinashi

Why the rally still has legs.

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S&P-500 ($SPX) weekly

• (!)   Near exhaustion
• (+) A generous trailing-stop 10% below the close

 

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S&P-500 ($SPX) daily

• (+) 61.8% retracement has been penetrated.
• (!) Next resistance: December and November highs

 

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S&P-500 ($SPX) daily

• (!)   In the red zone (9)
• (+) Enough room until the daily trailing-stop hits.

 

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One flower doesn’t make Spring (yet) | $SPX $SPY $DIA $DJIA $COMPQ $QQQ

S&P-500 ($SPX) daily

• (!) The S-oscillator is near the top.

 

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S&P-500 ($SPX) weekly

• (-) The S-oscillator is still damaged.

 

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S&P-500 ($SPX) monthly

• (-) The long-term picture is negative.

 

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